Page 8 - Bhel

Bhilai steel plant hits 1 million tonnes plate production mark in FY23

Besides Bharat Heavy Electricals (BHEL), the Indian Railways and two private infrastructure companies had placed bulk orders

BHEL, Sumitomo partner for circulating fluidised bed combustion boilers

Bharat Heavy Electricals Limited (BHEL) has entered into an agreement with Sumitomo SHI FW, Finland (SFW) for design, engineering, manufacturing, erection, commissioning and sale of circulating fluidised bed combustion (CFBC) boilers in India and overseas market. The agreement does not include select countries, BHEL said in a statement. "BHEL has entered into a long-term Technology License Agreement (TLA) with Sumitomo SHI FW, Finland for design, engineering, manufacturing, erection, commissioning and sale of subcritical as well as supercritical CFBC boilers in India and in overseas territories except select countries," it said. CFBC boiler technology has inherent benefits such as fuel flexibility while meeting extant emission norms and better operational flexibility at part loads as against conventional coal-based technologies, BHEL said. Further, CFBC boilers have lower SOx (sulphur oxides) and NOx (nitrogen oxides) emissions and hence do not require installation of additional ..

BHEL among 5 bidders for deal to manufacture 200 Vande Bharat trains

State-run Bharat Heavy Electricals Ltd (BHEL) has formed a consortium with Titagarh Wagons and is among five entities which have bid for the mega Rs 58,000 crore contract to manufacture 200 Vande Bharat trains and maintaining them for the next 35 years. Other players in the fray include French railway major Alstom; Medha-Stadler consortium between Swiss railway rolling stock manufacturer Stadler Rail and Hyderabad-based Media Servo Drives; Siemens along with BEML, and Russian rolling stock manufacturer Transmashholding (TMH) along with an Indian firm. Officials said while Rs 26,000 crore is the upfront payment on the delivery of the trains, Rs 32,000 crore will be paid to the winning bidder over a period of 35 years for the maintenance of these trains. The Indian Railways is now evaluating technical bids for the contract. The financial bids will be opened in the next 45 days. According to the tender document, the successful bidder has to produce a prototype of the sleeper class for

BHEL's defence unit in Haridwar gets certificate to manufacture naval guns

The defence production unit of BHEL, Haridwar, has been given 'Self Certification Status Certificate' for manufacturing naval guns for the Indian Navy. The certificate was given to BHEL Managing Director Amit Gupta by Rear Admiral Sanjay Sharma, Additional Director General, Quality Assurance, said Acting Director of BHEL, Haridwar, Praveen Chandra Jha on Saturday. Jha congratulated officials and employees of the defence production unit for the significant achievement saying it was a result of their collective hard work.

BHEL posts Rs 12.10 cr Q2 net on higher revenues, income up to Rs 5,418 cr

State-owned engineering firm on Friday reported a Rs 12.10 crore consolidated net profit in the September 2022 quarter on higher revenues. The company had posted a consolidated net loss of Rs 46.58 crore in the quarter ended September 30, a BSE filing showed. Its total income rose to Rs 5,418.74 crore in the quarter from Rs 5,197.25 crore a year ago.

PNB, BHEL, IDFC among top mid-, smallcap stocks that can rally up to 25%

Technically, whenever any stock remains unaffected during times of volatility, the trend indicates something positive underneath. Such stocks are preferred by market participants for trading gains.

CIL to ink pacts with BHEL, IOCL, GAIL for 4 coal gasification projects

State-owned CIL will sign agreements with three public sector enterprises -- Bharat Heavy Electricals Ltd (BHEL), Indian Oil Corporation Ltd (IOCL) and GAIL (India)-- in order to set up four surface gasification projects. Through gasification process, coal is converted into syngas -- a fuel gas -- which can be used in downstream production of value added chemicals. The government aims to achieve 100 million tonnes of coal gasification in the next eight years in order to reduce the import of crude oil which is otherwise used to produce syngas. "Coal India Limited (CIL), under the aegis of Ministry of Coal, will be inking three major Memorandum of Undertaking (MoU) on September 27," the coal ministry said in a statement. The proposed projects would reduce forex outgo and create around 23,000 jobs, it said. The government had earlier said that the target to gasify 100 million tonnes of coal by 2030 will entail an investment of over Rs 4 lakh crore. This 100 MT coal gasification will

Capital goods stocks may re-rate on Govt capex push, firm demand: Analysts

Inflation remains a key risk for margins amid geopolitical tensions. But, analysts expect this to improve from the second half of FY23 due to declining commodity prices and strong order inflows

BHEL Q1 net loss narrows to Rs 188 cr; total income rises 60%

State-owned Bharat Heavy Electricals Limited (BHEL) on Thursday reported narrowing of its consolidated net loss to Rs 187.99 crore for the quarter ended June 30, 2022. The consolidated net loss of the company stood at Rs 448.20 crore in the year-ago period, according to a regulatory filing. Its total income from operations was at Rs 4,742.28 crore in the first quarter of the current fiscal, compared to Rs 2,966.77 crore in Q1 FY22. Expenses were at Rs 5,006.50 crore as against Rs 3,572.12 crore earlier.

5 PSUs to set up manufacturing units to increase coal gasification capacity

Coal ministry proposes PLI for ammonium nitrate to raise volumes and price competitiveness

India's largest floating solar power project now operational in Telangana

Energy conglomerate National Thermal Power Corporation (NTPC) has set up the 100 megawatt (MW) plant through Bharat Heavy Electricals (BHEL) under Engineering, Procurement and Construction contract

BHEL commissions 100-MW floating solar photovoltaic plant in Telangana

The plant is installed across the natural raw water reservoir, saving valuable land resources, and also conserves water by reducing evaporation, a company statement said

V Krishnamurthy: The guardian of PSUs leaves behind an unmatched legacy

None of V Krishnamurthy's assignments were easy ones. He had to battle scepticism as well

Stocks to Watch: Infy, L&T, PowerGrid, BHEL, NTPC, IDBI Bank, Steel makers

Stocks to Watch Today: Bharat Electronics, Data Patterns (India), SAIL and Zomato ahead of Q4 earnings on Monday.

BHEL returns to black, posts Rs 912-cr net profit in Q4, declares dividend

Total income during January-March 2022, rose to Rs 8,181.72 crore, from Rs 7,245.16 crore in the year-ago period

BHEL-GE Power Conversion deal to make propulsion systems for Navy

The Indian Navy is considering building a second indigenous aircraft carrier to add to the combat capability

BHEL to supply 6 electric locomotives to NTPC for material handling ops

The locomotives will be manufactured at the company's facility in Jhansi, Uttar Pradesh

BHEL dispatches nuclear steam generator to NPCIL for Rajasthan project

State-owned BHEL has dispatched its 42nd nuclear steam generator to NPCIL for installation at a 700 MWe unit in Rajasthan Atomic Power Project

BHEL posts consolidated net profit of Rs 27 crore for December quarter

State-owned engineering firm BHEL posted a consolidated net profit of Rs 27.02 crore for December quarter 2021-22, mainly on the back of higher revenues.

Sensex slips 581 pts amid hawkish US Fed, F&O expiry; Nifty holds 17,100

Sectorally, the Nifty PSU Bank index jumped a massive 5 per cent on the NSE, while the Nifty Bank and Private Bank indices added about a per cent each